Newcastle Upon Tyne NE5 1 bed apartment for sale

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Newcastle Upon Tyne NE5 1 bed apartment for sale

Newcastle Upon Tyne NE5
£30,000

Price History

Initial price £45,000
21/08/25 £30,000
Price Change -33.33%

Description

A fantastic investment opportunity is available for sale by auction on September 17th, 2025. The property, a one-bedroom apartment in the popular St Kaverne Square development in Kenton Bar, offers a potential 24% return on investment based on its current rental income of £7,200 per annum. The light and spacious apartment is currently let unfurnished on a six-month AST at £600 per month and features an elevated outlook. The property also benefits from shared communal grounds, parking, and a single garage. Its ideal location provides easy access to local amenities and transport links, making it a highly sought-after investment opportunity. Viewings are highly recommended, with no forward chain.